Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait - 2022

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait (CIF) - 2022
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait (CIF) - 2022

In 2022, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $9.6 per unit, growing by 16% against the previous year. In general, the import price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of 56%. As a result, import price attained the peak level of $18 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11 per unit), while the price for the UK ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait (FOB) - 2022

In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $15 per unit, remaining relatively unchanged against the previous year. In general, the export price recorded a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 162%. The export price peaked at $32 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -50.7% per year.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait

In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v imported into Kuwait skyrocketed to 190K units, growing by 54% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 121% against the previous year. As a result, imports attained the peak of 191K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v soared to $1.8M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 244% against the previous year. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40057573.096334.0%
Saudi Arabia73.427717847786.6%
China28.713257.498.150.6%
United States0.414.921.154.6414.9%
India3.820.017.748.1133.1%
United Kingdom14.330.392.633.933.3%
Japan3772,08349522.3-61.0%
Others12238088.91312.4%
Total1,0203,5121,0241,82921.5%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Kuwait in 2022:

  1. Germany (87.8K units)
  2. Saudi Arabia (43.5K units)
  3. China (26.4K units)
  4. United Kingdom (10.0K units)
  5. India (7.6K units)
  6. United States (5.0K units)
  7. Japan (2.0K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait

In 2022, overseas shipments of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by 0% to 295 units, falling for the second year in a row after two years of growth. In general, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, the exports attained the peak of 1K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $4.3K in 2022. Overall, exports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when exports increased by 85%. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A4.30%
Iraq17.2N/AN/AN/A0%
SwitzerlandN/A31.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total17.231.9N/A4.3-37.0%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Kuwait in 2022:

  1. Saudi Arabia (295.0 units)

Source: IndexBox Market Intelligence Platform

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